Felix Gold Ltd. · ASX:FXG
Felix Gold — Investor Presentation (March 2023)
28 slides from Felix Gold's investor presentation, Mar 15, 2023
Slide 1: Felix Gold Limited – A premium gold exploration business
For personal use only FELIX GOLD LIMITED A premium gold exploration business Drilling for multi-million ounce deposits in the Fairbanks District, Alaska MARCH 2023
Slide 2: Important Notices
Important Notices For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and ob
Slide 3: Felix: Strong foundations laid in 2020/21
FELIX: 1 Strong foundations laid in 2020/21 KEY LANDHOLDING IN WORLD-CLASS GOLD PROVINCE A Premier • Strategic 392 km2 tenure assembled in +16 Moz gold production area (Fairbanks District) For personal use only • Adjacent to Kinross’ operating Fort Knox Gold Mine and 16 Mtpa process facility Gold Ex
Slide 4: Corporate structure – Solid foundation for growth
Corporate structure 8% Solid foundation for growth 6% For personal use only CAPITAL STRUCTURE Shares on issue 171.1M 20% Share Register Share price (7 March 2023) A$0.115 66% Market Capitalisation A$19.7 M Options 11.5M Cash (31 Dec 2022) A$1.3 M Debt Zero Consolidated & Institutional Mine Discovery
Slide 5: The team to deliver
The LATCteam to deliver TITLE A track record of industry success For personal use only Ronnie Beevor • Over 40 years’ experience in mining investment banking; previously Head of IB at Rothschild Australia over 1997 - 2002. • Chairman or Non-Executive Director of a range of mining companies, both in
Slide 6: Key landholding assembled in world-class gold province
For personal use only 1 Key landholding assembled in world-class gold province Strong foundations laid in 2021
Slide 7: Key landholding in world-class gold province: Tintina Gold Belt
Key landholding in world-class For personal use only gold province 19.7Moz Introducing the Tintina Gold Belt The Tintina Gold Belt is largely underexplored, but still home to multiple +10 Moz gold deposits: ■ Barrick’s Donlin Creek ■ Kinross’ Fort Knox Mine ■ Northern Star’s Pogo Mine Emerging poten
Slide 8: Large-scale, near mine foothold in the Fairbanks Mining District
Key landholding in world-class gold province Felix has a large-scale, near For personal use only mine foothold in the prolific Fairbanks Mining District… (SX: FVL) (OTCQX:FGVOF) Golden Summit Project ■ Felix’s key tenure within the Tintina Gold Belt lies in the heart of the Fairbanks Gold Mining Dis
Slide 9: Next to major mining centre, Fairbanks City
Key landholding in world-class gold province …next to major mining centre, Fairbanks City… For personal use only ■ Felix’s Fairbanks tenure is all within a 50 km radius of Fairbanks City ■ Second largest city in Alaska, borough population of approx. 95,000 ■ Kalgoorlie-equivalent of Alaska; mining a
Slide 10: …with real development pathways…
Key landholding in world-class gold province …with real development pathways… For personal use only ■ Felix is targeting discovery of Tier 1 type, multi-million ounce gold deposits ■ Such critical-mass deposits deliver multiple potential development pathways ■ Stand-alone, world-class development op
Slide 11: …and surrounding emerging Tier 1 projects
Key landholding in world-class gold province …and surrounding For personal use only emerging Tier 1 projects Dolphin Cleary Zone ■ Freegold Ventures (TSX:FVL) – 19.7 Moz Golden Summit Project FAIRBANKS ■ Located 18km from Felix’s NW Array Prospect (Treasure Creek Project) and neighbouring our NE Fai
Slide 12: Exploration Success Delivered In 2022
For personal use only 2 Exploration Success Delivered In 2022 NW Array deposit defined + further major targets identified
Slide 13: Focus on flagship Treasure Creek Project
Exploration success delivered in 2022 For personal use only Focus on flagship Treasure Creek Project ■ Strong historical evidence of large-scale near-surface and at-depth gold systems including: ǵ Substantial alluvial/placer production ǵ Multiple Au-in-soil anomalies of +1 km ǵ Fort Knox-type histor
Slide 14: NW Array drilling results at Treasure Creek
DDOO3 Exploration success 48m @ 0.20 + 9.3m @ 2.32 delivered in 2022 For personal use only Focus on flagship Treasure Creek Project ■ NW Array is a 2.5 km x 2.5 km gold-in-soil anomaly, a surface footprint that is readily analogous with regional Tier 1 gold deposits ■ Shallow drilling program (55 RC
Slide 15: Initial NW Array Global Exploration Target
Exploration success 2.0km delivered in 2022 A’ For personal use only Initial NW Array Global Exploration Target NW ARRAY ■ NW Array Global Exploration Target (2.0 x 1.6 km) conceptual extraction from NW Array Southern Zone ■ Continuous geology, structures, geophysics, and geochemistry from Southern
Slide 16: Global NW Array Exploration Target cross-section
Exploration success Global NW Array Exploration Target Extrapolated from Southern Zone calculation given no evidence in structural, delivered in 2022 geologic, or geochemical change to indicate a shift in hydrothermal footprint For personal use only Initial NW Array Global NW Array Southern Zone Exp
Slide 17: Initial NW Array Southern Zone Exploration Target
Exploration success delivered in 2022 600m For personal use only Au in Soil Raster (ppb) Initial NW Array Southern Zone 0 100 Global Exploration Target Drill Collar ■ Preliminary Exploration Target estimated for solely Modeled Mineralized Southern Zone of NW Array across a 600m by 900m area. Fault ■
Slide 18: Further major targets identified across Treasure Creek and beyond
Exploration success delivered in 2022 For personal use only 2 ord Further major targets identified S cra ff across Treasure Creek and beyond RC121 RC047 26 m @ 1.01 6.1 m @ 0.9 Scrafford Trend RC065 1.5 m @ 1.40 ■ Multiple thrust structures modelled from geophysics RC061 6.1 m @ 1.13 Scrafford 1 ■ G
Slide 19: Driving Value Recognition In 2023
For personal use only 3 Driving Value Recognition In 2023 NW Array resource drill-out + further major targets testing
Slide 20: 2023 exploration strategy and core objectives
Driving Value Recognition In 2023 2023 exploration strategy For personal use only and core objectives ■ Key objectives of 2023 drilling program: ǵ Initial Mineral Resource delineation at NW Array Southern Zone ǵ Drill testing of other major target areas – Scrafford Shear(s), and East Gate ǵ Delineat
Slide 21: Field program overview
Driving Value Recognition In 2023 Field program overview For personal use only NWA S. Zone Exploration Target Au in Soil Raster (ppb) ■ Targeting 3,500 metres across 40 RC drillholes Targeted Resource 0 100 Drill Collar Envelope (lnf) 2023 ■ Drilling set to commence at NW Array Southern 2023 Planned
Slide 22: Evaluating antimony potential
Driving Value Recognition In 2023 For personal use only Evaluating antimony potential FAIRBANKS ■ Increasing visual antimony mineralisation logged in RC chips and diamond core through 2022 drilling at Treasure Creek ■ Commenced assaying process for high-grade antimony across all relevant chip and co
Slide 23: Exploration newsflow pipeline
Driving Value Recognition In 2023 Exploration newsflow pipeline For personal use only Key MAY 23 JUN 23 JUL 23 AUG 23 SEP 23 OCT 23 Activities Resource definition drilling – Scout and RC drilling NW Array Southern Zone ET drilling Scout and ET Assay results NW Array Southern Zone drilling results dr
Slide 24: Felix: A premium exploration business
FELIX: A premium exploration business Key landholding in For personal use only 1 world-class province Strategic 392 km2 tenure in +16 Moz Fairbanks District adjacent to Fort Knox Mine and within 20 km of Fairbanks City mining and services hub Exploration success 2 delivered in 2022 NW Array Southern
Slide 25: Contact
For personal use only Anthony Reilly Contact Managing Director & CEO anthony.reilly@felixgold.com.au www.felixgold.com.au
Slide 26: Project NE Fairbanks: Near mine exploration
Attractive tenure with large-scale targets Project 2 NE Fairbanks: Near mine exploration For personal use only ■ 146 km2 tenure ■ Large footprint gold-in-soil anomaly located Freegold Ventures Golden Summit 2: NE Fairbanks adjacent to Golden Summit and substantial Project historical placer workings
Slide 27: Project Grant Ester: High-grade mineralisation with existing resource
Attractive tenure with large-scale targets Project 3 Grant Ester: High-grade mineralisation with existing resource For personal use only ■ 34 km2 tenure, including historic Grant Mine ■ Grant has four separate veins; open to depth (tested 50-300m depth) and along strike ■ Inferred Mineral Resource e
Slide 28: Project Liberty Bell: Large intrusive system
Attractive tenure with large-scale targets Project 4 Liberty Bell: Large intrusive system For personal use only ■ 96 km2 tenure ■ Located adjacent to rail and road infrastructure, 12km structural zone; very high grade gold- ~100 km south of Fairbanks in-soil results; sporadic drill tests ■ Large sca